- US markets closed marginally higher Yesterday.
- Asian markets are Flat.
- SGX Nifty is higher above 12600.
- Yesterday Bank Nifty started its show.
- In 2nd half it rocketed 400 Points which helped Nifty going higher.
- FIIs bought for ₹ 570 crores Yesterday.
- DIIs have sold for Rs 1300 crores.
- FIIs are booking profits in some long positions in F&O also.
- Maybe all this is due to Budget as the Expectations are set quite high from the same.
- Earlier FIIs long in Index Futures was above 80% and it is now about 76%.
- Markets might not go much higher from here but also there is limited downside risk.
- So expecting some Consolidation ahead.
- Banks and Reliance have out performed yesterday.
- Reliance finally looked in some Momentum Yesterday.
- Whether we witness continued rally here or not time will say.
- Today Market might be Volatile.
- Usually Wednesdays get Volatile in second half.
- Due to expiry related Unwinding , fresh Positions etc.
- Infosys and Wipro results are being decalres today.
- This is an Important event to look for.
- Nifty might Trade between 13480-13720 today.
- stockmarketadvisory.in
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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